Digg Feeder

Video commentary about the latest news including unemployment in July, Antoine Dodson’s defense of his sister, social security becoming a liability, a record amount people on food stamps, mass layoffs and more economic news.

Read my commentary

http://demcad.blogspot.com/

U6 unemployment

http://www.bls.gov/news.release/empsit.t15.htm

Jobs Picture Worsens With 131,000 Losses; 9.5% Rate

http://www.cnbc.com/id/38590746

New claims for jobless benefits rise to 479K

http://news.yahoo.com/s/ap/20100805/ap_on_bi_go_ec_fi/us_economy

Food stamp use hit record 40.8m in May

http://www.boston.com/news/nation/washington/articles/2010/08/05/food_stamp_use_hit_record_408m_in_may/

BAE Systems to lay off more than 1K workers in Sealy

http://houston.bizjournals.com/houston/stories/2010/08/02/daily29.html

Cypress Bioscience lays off 86 percent of work force, cuts personalized medicine unit

http://www.canadianbusiness.com/markets/market_news/article.jsp?content=D9HCP2L00

Siemens to Axe 2,000 IT Jobs in Germany

http://www.manufacturingdigital.com/sectors/telecoms-technology/siemens-axe-2000-it-jobs-germany

Boeing to Cut 800 Jobs from Long Beach Workforce

http://www.latimes.com/ktla-boeing-job-cuts,0,5940548.story

Expedia to expand Mo. facility, add up to 500 jobs

http://www.businessweek.com/ap/financialnews/D9HDERIO0.htm

Unhappy robber: Gunman calls restaurant to gripe

http://www.ajc.com/news/atlanta/unhappy-robber-gunman-calls-582832.html

Social Security in the red this year

http://www.washingtontimes.com/news/2010/aug/5/social-security-red-first-time-ever/

US Postal Service loses $3.5 bln in third quarter

http://www.reuters.com/article/idUSN0517225620100805

Antoine Dodson who helped his sister after a suspected rapist attacked her http://www.nationalturk.com/en/antoine-dodson-attempted-rape-victims-brother-overnight-sensation-81243567

Duration : 0:5:19

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Peter Schiff is one of the most visible figures in the financial media today. His predictions have been extraordinarily accurate and this has gained him much attention from the media and his peers. He has been quoted in many of the nation’s leading newspapers, including The Wall Street Journal, Barron’s, Investor’s Business Daily, The Financial Times, The New York Times, The Los Angeles Times, The Washington Post, The Chicago Tribune, The Dallas Morning News, The Miami Herald, The San Francisco Chronicle, The Atlanta Journal-Constitution, The Arizona Republic, The Philadelphia Inquirer, and the Christian Science Monitor, and appears regularly on CNBC, CNN, Fox News, Fox Business Network, and Bloomberg. In this interview Peter discusses gold, the Indian Central Bank purchase, possible downside in gold, how China will build its gold reserves, the US Dollar, unemployment, tent cities, the economy, future jobs, real estate, government attempt to prevent housing from correcting, government becoming a landlord, the FHA, social security and more.

Duration : 0:9:54

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No other natural resource offers the potential of hemp. Cannabis Hemp is capable of producing significant quantities of paper, textiles, building materials, food, medicine, paint, detergent, varnish, oil, ink, and fuel. Unlike other crops, hemp can grow in most climates and on most farmland throughout the world with moderate water and fertilizer requirements, no pesticides, and no herbicides. Cannabis Hemp (also known as Indian Hemp) has enormous potential to become a major natural resource that can benefit both the economy and the environment.

THE REAL REASON MARIJUANA IS ILLEGAL IS BECAUSE IT’S HEMP!

President Obama probably didn’t anticipate that his brief dismissal of marijuana legalization during the online town hall would light up a potent movement of support for decriminalization.

The fact that he even addressed such a controversial and oft-ignored topic impressed some. But the way he seemed to deride the question angered man who quickly expressed their dissent online in website comments, on blogs and throughout Social Networks.

“There was one question that was voted on that ranked fairly high and that was whether legalizing marijuana would improve the economy and job creation,” the president said during the town hall, amongst a thunder of laughter from the crowd. “And I don’t know what this says about the online audience.” More laughter.

“The answer is, no, I don’t think that is a good strategy to grow our economy,” Obama said.

No further explanation given. Next question.

His short response was not only disconcerting for marijuana supporters but also a bit perplexing. After all, Obama called for marijuana decriminalization during …

… a debate at Northwestern University when he was running for U.S. Senate in 2004.

The legalization debate is not a new topic for websites like YouTube, Digg and Facebook, where a pot-smoking niche has long congregated. But it has exploded in the days since the town hall.

The Huffington Post prominently featured an editorial titled “Pot Saved My Life, Mr. President.” In it, the writer concluded, “The president will be asked this question again, and maybe next time he won’t laugh at us.”

The Times had a story Sunday quoting former federal judge Jim Gray claiming the war on drugs had failed and that pot should be legal. The so-called failed drug war was, incidentally, the same claim made by Obama in 2004.

The lit-up lobby rages strongly on social networking channels as well. The Facebook page, called M A R I J U A N A, has seen a spike in membership as of late.

And on the Social News website Digg, a story about marijuana benefits, decriminalization or reactions to Obama’s weedy treatment of the pot question has been voted to the home page every day since the town hall — and in many cases, multiple times a day.

So what doesthat say about the online audience? Considering that many political analysts attribute a major part of Obama’s election to his popularity on social networks, maybe he shouldn’t be so quick to dismiss something they clearly feel strongly about.

– Mark Milian

http://latimesblogs.latimes.com/washington/2009/03/obamamarijuana.html

United States Presidents George Washington and Thomas Jefferson grew hemp, used products made from hemp, and praised the hemp plant in some of their writings. Under the laws written by today’s politicians, George Washington and Thomas Jefferson would be considered a threat to society–they would be arrested and thrown in prison for the felony crime of growing plants.

From 1776 to 1937, hemp was a major American crop and textiles made from hemp were common. Yet, The American Textile Museum, The Smithsonian Institute, and most American history books contain no mention of hemp. The government’s War on Marijuana Smokers has created an atmosphere of self censorship–speaking of hemp in a positive manner is considered taboo.

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The Haight-Ashbury Homepage

http://www.LoveHaight.org

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Duration : 0:10:35

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